Answer: its b because once u simplify everything it amounts to b
Answer:
I don't get it
Step-by-step explanation:
Substitute the value of x in equation 2. Then you'll get y=3. Then again substitute the value of y in x=1+y, you'll get x=4
Answer:
Sum of money invested in corporate bonds = 30,000
Step-by-step explanation:
Total sum = 40,000
The rate of interest for corporate bonds = 10 % = 0.1
The rate of interest for municipal bonds = 6 % = 0.06
Total interest = 3600
Let sum of money invested in corporate bonds = x
The sum of money invested in municipal bonds = 40000 - x
× 0.1 × 1 + (
) × 0.06 × 1 = 3600
(0.1- 0.06)
+ 2400 = 3600
0.04
= 1200
= 30,000
Since x = sum of money invested in corporate bonds
So sum of money invested in corporate bonds = 30000